Michigan Cannabis Industry Association’s Post

📢 Legislative Update: House Lawmakers Vote to Block Federal Marijuana Rescheduling In a significant move, the House Appropriations Committee has approved legislation to halt the Biden administration's efforts to reschedule marijuana. The Republican-led panel's decision blocks the Department of Justice from advancing the rescheduling plan, which aimed to shift cannabis from Schedule I to Schedule III under the Controlled Substances Act. This development could impact the cannabis industry, research, and regulatory landscape, maintaining the current federal stance despite evidence supporting the medicinal benefits of cannabis. Industry experts and advocates express concern over the potential setbacks this decision may cause. Read the full article in Forbes by A.J. Herrington for an in-depth analysis: #CannabisIndustry #Legislation #PolicyUpdate #CannabisResearch #ForbesNews

🌱 Nevada Doubles Weed Possession Limit 🌱 Starting January 1, a new law in Nevada increases the state's limit on weed possession. Senate Bill 277, which passed earlier in 2021, doubles the possession and purchase limits for recreational cannabis. Adults 21 and older can now possess 2.5 ounces (up from one ounce) and a quarter ounce of cannabis concentrates (up from one-eighth of an ounce). Additionally, the legislation allows medical marijuana dispensaries to serve recreational customers, streamlines licensing, and eases employment restrictions for those with prior felony convictions. What are your thoughts on Nevada's cannabis law changes? #CannabisLegislation #NevadaCannabis #WeedPossession Source: High Times

As we gear up for the 2025 legislative session, New Hampshire lawmakers are taking significant steps toward reforming cannabis and psychedelics legislation. Here’s what you need to know: • A new bill is set to be introduced that aims to establish a legal framework for adult-use cannabis. • Alongside cannabis, lawmakers are also preparing to address the decriminalization and therapeutic use of certain psychedelics, signaling a shift in public perception and policy towards these substances. • There will be opportunities for public input as these bills progress If passed, these measures could significantly impact New Hampshire's economy, similar to trends seen in other states that have legalized cannabis. Read more from Marijuana Moment >> https://bit.ly/4gFTuKi #MediaJel #MarijuanaMoment #CannabisMarketing #MedicalMarijuana #IndustryGrowth

Florida Marijuana Initiative Needs 60% Voter Support To Pass, A Threshold Achieved In Only Three Other States Before The measure is likely to receive at least majority support by the voters in November. But that’s not good enough in the Sunshine State, which requires more than 60 percent to pass a constitutional ballot measure. “You still have a large group that still looks at cannabis as the gateway drug where there’s no medicinal benefits.” As the campaign to get recreational cannabis legalized in Florida moves into its next phase, opponents and advocates of the proposal are operating under the same premise: The measure is likely to receive at least majority support by the voters in November. But that’s not good enough in the Sunshine State, which requires more than 60 percent to pass a constitutional ballot measure. Only three states in the country have passed ballot measures on recreational cannabis by that margin—a potential harbinger as Florida advocacy groups prepare to crank up their cannabis campaigns in the upcoming months. https://lnkd.in/ee4T7R-x?

🌿 **Navigating the Cannabis Rescheduling Debate: Implications for the CBD Industry** Cannabis policy is at a crossroads, as highlighted in the recent article from Marijuana Moment. The conversation around rescheduling marijuana is heating up, and here's what we know: 1. **Federal Rescheduling Dispute**: Former AG William Barr criticized moves to reschedule marijuana, yet former President Trump supports it, showing a shift in his stance. Is this the beginning of a new era for federal cannabis policy? 2. **The Gateway Drug Debate**: Despite its disputed nature, the "gateway drug" argument remains alive among some lawmakers, such as Sen. Josh Hawley. How might this affect future reform efforts and the perception of cannabis? 3. **Diverse Political Support**: It's noteworthy that while Trump and the Biden-Harris administration push for rescheduling, they face opposition, notably from some DEA officials. Could bipartisan support overcome resistance and unlock new opportunities for the industry? 4. **Legal Clarifications**: A recent court ruling declaring THC-O-acetate legal under the 2018 Farm Bill represents growth in hemp-derived cannabinoids. What does this mean for product innovation and compliance in the CBD sector? 5. **State-Level Momentum**: With states like Ohio seeing substantial revenue from sales and New Hampshire candidates backing legalization, is local momentum the driving force for broader change? 📈 **Implications for CBD**: As the industry evolves, businesses could benefit from clearer federal guidelines and expanded banking access. How are you navigating these changes? Let's discuss strategies to thrive in this shifting landscape. Engagement is key—share your thoughts in the comments. How do you foresee these developments impacting the CBD industry? 🚀 🔗 Learn more: www.pharmabinoid.eu

The hindrances to cannabis legalization are complex and vary by region, but some common challenges include: - **Public Health Concerns**: There are worries about the potential health hazards associated with increased cannabis use, especially among youth and in relation to mental health issues¹. - **Regulatory Challenges**: Establishing a comprehensive regulatory framework that balances public safety with access can be difficult. This includes setting standards for driving under the influence, age restrictions, and quality control⁵. - **International Treaties**: Legalization at the national level can conflict with international drug control treaties, which may complicate diplomatic relations and trade agreements⁵. - **Opposition from Certain Groups**: There is often resistance from various societal groups, including some healthcare professionals, law enforcement, and political organizations that may have moral or safety concerns¹. - **Economic Considerations**: The potential impact on existing markets, such as pharmaceuticals and alcohol, can lead to lobbying against legalization efforts⁵. - **Federal vs. State Law**: In countries like the United States, the discrepancy between federal and state laws can create legal uncertainties, especially when it comes to banking, taxation, and interstate commerce⁴. These challenges highlight the need for careful consideration and dialogue among stakeholders to address the complexities of cannabis legalization. Source: Conversation with Bing, 5/6/2024 (1) The Health Hazards of Legalizing Marijuana. https://lnkd.in/dBQFqbKv. (2) Marijuana Legalization: Risks and Costs | Hazelden Betty Ford. https://lnkd.in/dB4K6R74. (3) Biden administration plans to reclassify marijuana, easing restrictions .... https://lnkd.in/gwKc4Jkz. (4) As the US moves to reclassify marijuana as a less dangerous drug, could more states legalize it?. https://lnkd.in/d9SPiJiC. (5) As the U.S. moves to reclassify marijuana as less dangerous ... - PBS. https://lnkd.in/dkAVu4eb. (6) Cops Want to Use CBD, But Face Legal Challenges. Here's Why. https://lnkd.in/dHb4svn3.

recent cannabis-related news highlights 1. **Florida News**: An Uber driver in Crestview, Florida, allegedly doubled as a shroom and LSD dealer, selling large quantities of these substances out of his glove box¹. 2. **New Mexico News**: The governor of New Mexico signed Psilocybin Memorial Legislation, requesting the study of psilocybin and research on regulatory requirements for a therapeutic program¹. 3. **Celebrities News**: Lawyers suggest that Prince Harry may have exaggerated drug use claims in his memoir "Spare" to boost sales. His admission of drug use could impact his ability to become a U.S. citizen¹. 4. **World News**: German lawmakers voted to legalize cannabis for adults in Germany. Adults will also be allowed to grow pot and join cannabis clubs¹. 5. **Psychedelics Research**: Psilocybin mushrooms date back 65 million years to the dinosaur extinction period, according to researchers from the University of Utah¹. 6. **Pennsylvania News**: Slowly but surely, Pennsylvania lawmakers are working on cannabis decriminalization¹. 7. **New Hampshire News**: The New Hampshire House of Representatives advanced a bill to legalize recreational pot for adults and create a tightly regulated legal marijuana industry¹. 8. **World Politics**: The ex-president of Honduras, Juan Orlando Hernandez, stands trial in the United States, accused of corruption and taking money from drug cartels for police protection¹. 9. **Business News**: Metrc announced a cannabis track-and-trace contract with Kentucky, as part of Kentucky's growing medical cannabis program set to begin in January 2025¹. 10. **Celebrities News**: Instagram users expressed concern after Snoop Dogg posted a video smoking a blunt in the studio, with his grandkids present¹. Source: Conversation with Bing, 3/2/2024 (1) The Latest Marijuana News Today | HighTimes Magazine. https://lnkd.in/gfXSXAGD. (2) Marijuana News & Videos - ABC News. https://lnkd.in/g7CtsiQt. (3) Slightly higher times: Biden administration moves to loosen weed .... https://lnkd.in/dcn56ut6. (4) Cannabis news - Today’s latest updates - CBS News. https://lnkd.in/gpVxAcjb.

President Joe Biden’s mention of ongoing marijuana reform efforts during his annual State of the Union address is considered a landmark achievement for MJ policy by political observers as well as stakeholders in the $34 billion U.S. cannabis industry. But those keen to know exactly when the U.S. Drug Enforcement Administration will issue its highly anticipated response to health regulators’ revolutionary 2023 recommendation to move marijuana from Schedule 1 to Schedule 3 of the Controlled Substances Act remain frustrated. #rescheduling #controlledsubstanceact #cannabisrescheduling #marijuana #cannabispolicy #cannabisindustry #cannabisreform https://lnkd.in/gxx6ssU8